Yeah, I had on two and closed one out yesterday at about 5.4 I think. Definitely agree on it behaving weird lol
kansas is bouncing back. Yesterday the spread was quite stable after the wheat complex sell off, prob the bottom?
different wheat qualities, different markets, low market liquidity, hedging currency ... do you really trade this spread?
I have never traded it. I was just looking at it because when you look at a "stacked" chart with all kind of wheats, it wasn't oversold as ZW and KW are...
it is better to stay away from London wheat futures, unless you're required to because you are involved with physical UK wheat. Just my opinion.
Didn't want to miss the train and entered too early... Now you get the really good level @ -1...A good support from october and December and the start of the seasonal window is monday.
Wow, got filled at 3.5 this morning on ZM. I've had an order just sitting there so I can see what it is trading at when on m phone. Wasn't expecting that. I'm flat for now.